The Oil Fund announced the results of the first quarter: what has changed and what should change?
The State Oil Fund of the Republic of Azerbaijan (SOFAZ) is experiencing difficult times. On the one hand, price volatility in commodity markets as a result of declining business activity and declining demand during the COVID-19 pandemic, on the other hand, fluctuations in stock exchanges shook SOFAZ. Therefore, the information published by the Fund to the public once a quarter attracted more attention. The information, which was usually publishe...
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In a significant diplomatic move, President Kassym-Jomart Tokayev of Kazakhstan embarked on an official visit to Armenia, marking a pivotal moment in the relationship between the two nations. The meeting between President Tokayev and Armenian Prime Minister Nikol Pashinyan resulted in the signing of a joint statement aimed at fostering cooperation and easing tensions that had simmered between the two countries.
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